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Financial Services Manual (FIN)

FIN 118: Competitive Bids
against Private Enterprise

Purpose

To provide guidance in situations where university departments
are submitting bids for providing goods/services in competition
with private enterprise

Sources

Arizona Board of Regents Policy Manual -
1–105

University policy

Policy

If a university department is entering a competitive bid for
goods or services where the department is required by Arizona Board
of Regents policy to fairly and fully allocate all direct and
indirect costs, Financial Services should be contacted on
procedures for the calculation of the direct and indirect
costs.